IMF, World Bank, WTO -- An examination of Monetary Institutions (Fearless Blue)

I realise that Simcountry is *not* a replica of earth, though it does follow economic, political, and military principles.

However, I noticed that with respect to the economic premise of the World Bank, it is fundamentally flawed.

The premise of the WB is to be the "lender of last resort", or, in other words, the lender that provides money to those who cannot attain it from another player's offered loan.

However, there are two other institutions that I do not see present in the game world: The International Monetary Fund, or the IMF, and the World Trade Organisation.

The IMF is the official lender of last resort to nations, whenever a nation needs a loan, the IMF loans it, so I'm not sure how the 'world bank' came to be (or if that is simply the name granted to the "IMF" of Simcountry...if this could be clarified, great).

Let's assume that the "World B

Wrong Wrong Wrong.

That is wrong on so many levels.

The world bank is the GM. He guarantees all loans that are made by players if said borrower defaults, using the world bank funds.

Shut up before you screw it up.

It is to assure those principles remain coherent, the World Bank operates as it does, without turning the game overwhelmingly complex.

See it as some people see God... As a way to explain the unexplainable, what compensates the flaws.

If you want more complexity, there is a game called geo political simulator. Its VERY complex and has IMF, WTO, world bank, and many more economic and political co-operation organizations. If you want a browser game to be a realistic geo political simulator, then its not going to happen. But what you want already exists... just in another game.

Yeah.... But it has no Wendy! The priceless personalities that roam here make it all worth it.